Taxable Expense Que...
 

[Closed] Taxable Expense Query...

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Posts: 76
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Need to get a new iPhone as my old ones zonked. I use it for work for a specific SIP application...so I'd be wanting to claim it as an expense. Does anyone know if you can add an expense from French Apple for example if I was to buy one whilst out here? Or should I buy from Apple UK?

Thanks


 
Posted : 26/12/2012 6:58 pm
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Are you on PAYE?


 
Posted : 26/12/2012 6:58 pm
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Self Employed


 
Posted : 26/12/2012 7:03 pm
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Just book it then


 
Posted : 26/12/2012 7:05 pm
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but is it ok having an expense in euros from france?


 
Posted : 26/12/2012 7:06 pm
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Of course, what if you had to buy fuel, hotels etc away from the UK?


 
Posted : 26/12/2012 7:11 pm
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Cool thanks for clarifying.. I've not claimed foreign expenses before.

Do you know how long you can be out of the country as a self employed business in the UK is it the majority of the year in the UK ie.. 6 months 1 day?


 
Posted : 26/12/2012 7:13 pm
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No idea, sorry
I'm never away more than 2 or 3 weeks


 
Posted : 26/12/2012 7:18 pm
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There's no restriction on time spent abroad as long as you pay tax somewhere.


 
Posted : 26/12/2012 8:01 pm
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You should only really claim for things used ‘wholly and exclusively’ for the business. If it is for personal use as well then you might be able to claim a proportion but AIUI you will be on shaky ground as you can't accurately split the use. This explains it pretty well http://taxaid.org.uk/situations/self-employed/expenses-with-private-and-business-use. In reality if you claim for the whole thing you will probably get away with it but that's your call 🙂

For claims in euros its good to get a copy of something with the exchange rate on. It should be on your bank statement


 
Posted : 26/12/2012 8:57 pm